Montenegro: EPCG to launch...

According to Milutin Djukanovic, the Chairman of the Board of Directors at Montenegrin...

Hungary: Paks nuclear power...

Hungary's only nuclear power plant, Paks, operated by the state-owned energy company MVM,...

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The Croatian Ministry of Economy has formed a working group on nuclear energy,...

Bulgaria: TPP Maritsa East...

State-owned thermal power plant Maritsa East 2 reported a remarkable surge in electricity...
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BiH: Gas-Res plans to acquire majority stake in Comsar Energy

The public natural gas distributor of the Republic of Srpska Gas-Res plans to acquire the majority stake in Comsar Energy RS, a subsidiary of Russian Comsar Energy, which was involved in the TPP Ugljevik 3 and HPP Mrsovo projects. 

RS competition authority said earlier that the company is not obliged to submit a notification of concentration to the authority. 

Comsar Energy RS was established in 2012 as a joint venture between Russian Comsar Energy and Bosnian coalmine and thermal power plant (RiTE) Ugljevik, a subsidiary of public power utility ERS. Comsar Energy owns 90% of the joint venture company, whereas RiTE Ugljevik holds a 10% stake.

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